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Record $58.8 Billion NJ Budget Draws Criticism Over Spending, Taxes from Business Leaders

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the staff of the Ridgewood blog

TRENTON, NJ — Governor Phil Murphy signed a record-breaking $58.8 billion budget for fiscal year 2026, marking the largest in New Jersey history — and his final as term-limited governor. While the spending plan includes some relief for small businesses and education, critics say it leans heavily on tax hikes and fiscal overreach.

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NJBIA Unveils 2025 Blueprint for a Competitive New Jersey: A Roadmap to Economic Growth & Innovation

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the staff of the Ridgewood blog

SOMERSET, NJ — The New Jersey Business & Industry Association (NJBIA) has officially released its 2025 Blueprint for a Competitive New Jersey, a 28-page, forward-thinking policy guide designed to help lawmakers, gubernatorial candidates, and local leaders create a more business-friendly, innovation-driven economy in the Garden State.

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Democrats Move to Take Tips Away from Restaurant Workers

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the staff of the Ridgewood blog

Ridgewood NJ, NJBIA is strongly opposing legislation to increase the minimum wage for tipped workers by eliminating the tip credit in New Jersey. Bill A-5433 (Reynolds-Jackson, D-15) is scheduled for a discussion in the Assembly State and Local Government Committee this morning.

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NJ Climate Superfund Bill Will Fuel More Pain at the Pump, Increase Energy Costs and Exacerbate New Jersey’s Affordability Crisis

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the staff of the Ridgewood blog

Trenton NJ, NJBIA is strongly opposing a bill scheduled for a vote today that will force fossil fuel companies to retroactively pay billions for their undefined role in “climate change”, which will exacerbate New Jersey’s affordability crisis by adding costs for residents to fill their tanks and heat their homes.

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Childcare Debate Heats Up in New Jersey

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the staff of the Ridgewood blog

Trenton NJ, NJBIA is recommending to an Assembly committee today that the state explore existing childcare investments to determine their effectiveness for an industry that continues to struggle in New Jersey.

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Schedler neighborhood in the Eye of the Storm of the “The Green Amendment”

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the staff of the Ridgewood blog

Ridgewood NJ, Ridgewood moves forward with The Green Amendment, a proposed amendment to the state constitution that would give all New Jersey citizens the basic environmental rights to clear air, clean water, a stable climate and a healthy environment. Exclusion if you live in the Schedler neighborhood. Not to mention Ridgewood Water. @everyone Please listen to this and help the Friends of the Schedler Neighborhood

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So Called ‘Green Amendment’ Could Actually Halt Projects that Improve the Environment

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the staff of the Ridgewood blog

Trenton NJ, a proposed constitutional amendment that attempts to establish that every person has a legal right to a clean environment could, in fact, block initiatives designed to improve the environment, such as offshore wind projects.

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Just When You Thought It Couldn’t Get Any Worse ,NJ Business Climate Ranked Worst in Region and Declining

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the staff of the Ridgewood blog

Trenton NJ, NJBIA released its 2024 Regional Business Climate Analysis showing New Jersey continues to remain last in the region by a wide margin in terms of business taxes and cost competitiveness.

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The Inherent Dangers of the So Called , ‘Green Amendment’

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the staff of the Ridgewood blog

Trenton NJ, NJBIA is opposing a constitutional amendment that attempts to establish that every person has a legal right to a clean environment.

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‘Do Better for Business’ Video Campaign to Shed Light on New Jersey’s Anti-business Policies

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the staff of the Ridgewood blog

Trenton NJ, with Gov. Phil Murphy and some lawmakers continuing to advance policies that will harm New Jersey businesses of all sizes, NJBIA is launching a Do Better for Business awareness video campaign to hold them accountable and to bring more concise visibility to anti-business policies that require change.

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New Jersey Business and Industry Association Releases 65th Annual Business Outlook Survey

the staff of the Ridgewood blog

Trenton NJ, a year ago, historic inflation resulted in one of the most dismal outlooks from New Jersey businesses in recent memory.

But NJBIA’s 65th annual Business Outlook Survey for 2024, released today, shows a leveling off from the overall negativity from New Jersey’s business community amid a slow retreat from record-setting inflation.

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New Jersey’s Innovation Economy Continues to Lag Region

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the staff of the Ridgewood blog

Trenton NJ, NJBIA’s updated 2022 Indicators of Innovation report, a comprehensive examination of how New Jersey’s innovation economy compares to other regional states, shows the Garden State slipping slightly in overall score and position from the 2020 report, but also taking key steps which could improve its future standing.

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New Environmental Justice Rule Could Sink New Jersey’s Economy Once and For All

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the staff of the Ridgewood blog

Trenton NJ, NJBIA Vice President of Government Affairs Ray Cantor will testify today that a new environmental justice rule proposed by the state Department of Environmental Protection runs the risk of negatively impacting residents economically in communities designated as overburdened.

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New Jersey Still Worst Business Climate in the Region

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the staff of the Ridgewood blog

Trenton  NJ, As part of its recent budget testimonies provided to the Legislature, NJBIA has released its updated 2022 Regional Business Climate Analysis showing New Jersey continues to significantly trail the rest of the region in business climate.

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NJ Community Colleges, NJBIA Launch NJ Pathways to Career Opportunities Initiative

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the staff of the Ridgewood blog

Paramus NJ, NJ Community Colleges, NJBIA Launch NJ Pathways to Career Opportunities Initiative New Jersey’s Community Colleges and the New Jersey Business & Industry Association (NJBIA) have launched a transformational initiative designed to align the state’s educational system to build an innovative workforce.

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